Jha, Raghbendra (contributor); Gaiha, Raghav (contributor); … - 2008
, gathered in a vector,
X, explain the household’s participation status (whether participating in NREG or not), so
that …
Prob (y = 1│X) = F ()Xβ′
and Prob (y = 0│X) = 1- F ()Xβ′ (1)
The set of … parameters,β , reflects the impact of changes in X on the probability of being poor.
Assuming the normal distribution, a probit …